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Oct 07 - 02:55 AM

AUD/USD - Winched Back Up; Australia Virus Cases Recede

By Ewen Chew  —  Oct 07 - 01:45 AM
  • AUD/USD winched back up to 0.7125 as Trump-incited risk-off fades

  • But daily Ichimoku Cloud resistance places a lid near 0.7125

  • Rebound away from 0.7095 averted bearish chart bias confirmation

  • Closing below 0.7093 would activate Bollinger downtrend channel

  • S&P recovers to +0.2% as markets digest cancelling of stimulus talks

  • Australia's Victoria state records lower virus count nL4N2GY0BI

  • For more click on FXBUZ


Source:
Refinitiv IFR Research/Market Commentary

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